Answers
The primary functions of management are
✓~ planning, organizing, leading, and controlling
_ can be produced independently of the consumer and then stored and shipped.
✓~ goods
____ refer(s) to computer programs that provide instructions for a computer
to execute a desired task.
✓~ software
____ refers to the physical components used to collect, store, organize, and
process data and to distribute information
✓~ hardware
, The Fair Labor Standards Act of 1938 established a minimum wage and
overtime pay for employees working:
✓~ more than 40 hours a week
____ include compensation such as health insurance, sick leave, and childcare or
eldercare programs offered to an employer's workers.
✓~ benefits
____ refers to the combination of pay and benefits that employees receive in
exchange for their work.
✓~ compensation
___ are consumed when and where they are produced, and they often require
the customer to be actively involved in their production.
✓~ services
A(n) _ measures the ability to pay short-term liabilities as they come due.
✓~ liquidity ratio